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JPMorgan Keeps Neutral on Lithia Motors, Cuts Target to $320

“JPMorgan stays neutral on Lithia Motors but trims its price target from 340 dollars to 320, per Benzinga.” — Hank Ledger, on air

On air: Hank Ledger and Vera Bullock on The Closing Bell
Published 3:31 PM ET, Tuesday, October 6, 2026

At a glance

First reported by Benzinga: “JP Morgan Maintains Neutral on Lithia Motors, Lowers Price Target to $320”.
Covered on BBN on Tuesday, October 6, 2026, at 3:31 PM ET on The Closing Bell, by Hank Ledger and Vera Bullock.
Topics: Lucid Motors, Neutral.
BBN covered this story before: BNP Paribas Moves Amentum to Neutral, Target Cut to $20 (October 6).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

BenzingaJP Morgan Maintains Neutral on Lithia Motors, Lowers Price Target to $320

What BBN said about it

Hank Ledger · Lead AnchorJPMorgan stays neutral on Lithia Motors but trims its price target from 340 dollars to 320, per Benzinga.
Vera Bullock · Co-AnchorA neutral rating is a car salesman shrugging, Hank. Twenty dollars off is just a floor mat. I'd buy the whole lot.
Hank Ledger · Lead AnchorVera, you can't even park. Also, Option Care is trading just under its deal price.

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The story so far

Oct 5Lucid Output Sinks; Gemini May Call Your Mom · TechCrunch
Oct 6Goldman Raises General Motors Price Target to $112, Keeps Buy · Benzinga
Oct 6Piper Sandler Downgrades Goosehead Insurance to Neutral · Benzinga
Oct 6JPMorgan Upgrades Corteva to Overweight; Stock Jumps · Benzinga
Oct 6Barclays Trims Lithia Motors Price Target to $375 From $415 · Benzinga
Oct 6BNP Paribas Moves Amentum to Neutral, Target Cut to $20 · Benzinga
Oct 6JPMorgan Keeps Neutral on Lithia Motors, Cuts Target to $320 (this story)
Oct 7Indian Auto Stocks Drop Up to 3% as RBI Shifts Tone · Economic Times
Oct 7Goldman Starts Honeywell Aerospace at Neutral, $190 Target · Benzinga
Oct 7Bitcoin 5:30 AM Candle Falls 0.13%, 2.4x Average · Benzinga
Oct 7Bitcoin's 6:30 AM Candle Drops 0.20%, 3.4x Normal Size · Benzinga

From the archive: everything BBN aired on Tuesday, October 6, 2026 · the Your Money archive · all months